168 Sherman Ave

$1,290,000
Price
12
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Must see legal 6 Family Investment opportunity! Hi Completely renovated inside & out in 2020, this turn-key property features major updates including a new roof, beams, plumbing, electrical, siding and HVAC systems. Each unit offers 2 bedrooms, 1 bath, an open-concept kitchen/dining area, high ceilings, stainless steel appliances, and is internet, phone and cable ready. A camera/intercom system is installed in every unit for added security and convenience. All separate utilities and a bonus finished...Must see legal 6 Family Investment opportunity! Hi Completely renovated inside & out in 2020, this turn-key property features major updates including a new roof, beams, plumbing, electrical, siding and HVAC systems. Each unit offers 2 bedrooms, 1 bath, an open-concept kitchen/dining area, high ceilings, stainless steel appliances, and is internet, phone and cable ready. A camera/intercom system is installed in every unit for added security and convenience. All separate utilities and a bonus finished basement. Located near Downtown Newark, Newark International Airport, Newark Penn Station with easy access to major highways and public transportation, this is a great chance to lock into a market with rising demand and solid growth potential.

Property Details for 168 Sherman Avenue

Style
4 Family
Directions
Frelinghuysen Ave. to Earl St. to Sherman Ave
Days On Market
1
LISTING UPDATED: 10/16/2025 07:17 PM

Property Details for 168 Sherman Avenue

StatusActive
MLS #3992814
Days on Market58
Taxes$21,867 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built9999
Lot Size0.08 AC / 3,484 SF
CountyEssex County

Location

Listing Courtesy of ROSA AGENCY, MONICA PINTO
Add your commute

Building Information for 168 Sherman Avenue

Stories-Residences4Year Built9999Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$8,197 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,374

Property Taxes

$1,822

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 168 Sherman Avenue

Summary
Location and General Information
  • Zoning: I-1 Light Ind
  • Address Included: Y
  • Active Days on Market: 1
  • Renovated Year: 2020
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 2786
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 168.0
  • # Parking Spaces: 0
  • County Or Parish: ESSEX
  • Street Name: Sherman Ave
  • Zip Code: 07114-1757
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $21,867
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 575000.0
  • Tax ID For Property: 1614-02786-0000-00022-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None
  • # Garage Spaces: 0
  • Garage Description: None
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 22
  • Approximate Lot Size: 33.10X100
  • Total Acres: 0.08
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Unknown
Property and Assessments
  • Assessment Bldg: 435000.0
  • Assessment Land: 140000.0
Utilities
  • Cooling: 4 Units, Central Air
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 4 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal Fence
Interior Features
  • Interior Features: High Ceilings, Intercom, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full
  • # Baths: 7.1
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 168 Sherman Avenue

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Listed (Active)

NJMLS #25037072

$1,290,000
Oct 15, 2025

Listed (Active)

GSMLS #3992814

$1,290,000
DateEvent & SourcePrice
10/15/2025

Listed (Active)

NJMLS #25037072

$1,290,000
10/15/2025

Listed (Active)

GSMLS #3992814

$1,290,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 168 Sherman Avenue

Taxable ValueLand$140,000Additions$435,000Total$575,000
Tax Record2024$21,867 ($1,822 / month)
Home Facts
Total Finished SqFt965 SqFtAbove Grade Finished SqFt965 SqFtStories3Lot Size3,311 SqFtStyleMulti-Family Res (5+ Units)CountyESSEXAPN14 02786-0000-00022

Schools near 168 Sherman Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Belmont-Runyon Elementary School
PublicPK to 8

B.R.I.C.K. Peshine Academy
PublicPK to 8

Hawthorne Avenue Elementary School
PublicPK to 8

Louise A. Spencer Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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168 Sherman Avenue is a multi-family home for sale in Newark, NJ 07114. This property was listed for sale on October 15, 2025 by ROSA AGENCY, it's currently listed at $1,290,000. This listing's school district is The Newark Public School District. Nearby schools include Belmont-Runyon Elementary School, B.R.I.C.K. Peshine Academy and Hawthorne Avenue Elementary School. 168 Sherman Avenue is a 12-bed, 8-bath, multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROSA AGENCY, MONICA PINTO

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/13/2025 06:11 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/13/2025 06:11 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.